SBA Launches Full-Scale Promotion of 'AI Utilization Business Innovation Support Project'

Supporting SMEs Seeking Business Innovation through AI and Data Technology Adoption

[Asia Economy Reporter Kim Cheolhyun] Seoul Business Agency (SBA, CEO Jang Youngseung) announced on the 19th that it will newly launch the 'AI Utilization Business Innovation Support Project' this year to support small and medium-sized enterprises (SMEs) aiming to innovate products and businesses through artificial intelligence (AI) and data. This project provides one-stop support throughout the entire process, including demand consulting, AI solution matching, and business innovation projects, to resolve difficulties SMEs face at each stage of adopting and utilizing AI and data technologies. Demand companies participating in the project can obtain AI problem-solving consulting, optimal AI solutions, and actual AI implementation project experience all at once.

Applications for demand companies can be submitted on the SBA website from today until the 21st of next month, and detailed information about the recruitment can be found on the website. Park Bokyung, Head of SBA Strategic Industry Division, said, "With the Fourth Industrial Revolution and the post-COVID-19 era, markets, industries, and businesses are rapidly reorganizing around AI, data, and cloud, and SMEs must boldly pursue digital transformation without delay for survival and growth. We plan to continuously promote systematic and effective support projects so that Seoul’s SMEs can establish a foundation for innovation and growth through digital transformation."